Apartments For Rent in 40509
86 rentals
- PET FRIENDLY$1,059 - $1,393/mo1-2 Beds1-2 BathsStoney Brooke Apartments | 175 N Mount Tabor Rd,
Lexington, KY 40509 - PET FRIENDLY$1,456 - $2,279/mo1-3 Beds1-2 BathsThe Retreat at Hamburg Place Apartments | 2365 Sir Barton Way,
Lexington, KY 40509 - NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
- NEW - 23 HRS AGOSPECIAL OFFERPET FRIENDLY$1,339 - $2,516/moStudio-3 Beds1-2 BathsSprings at Polo Club | 1840 Little Herb Way,
Lexington, KY 40509 - SPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY$1,491 - $2,221/mo1-3 Beds1-2 BathsWaterstone at Hamburg Apartments | 2785 Polo Club Blvd,
Lexington, KY 40509 - $980 - $1,547/mo1-3 Beds1-2 BathsThe Champion at Bluegrass Apartments | 300 Quinton Ct,
Lexington, KY 40509
Average Rent Trends in 40509
Rent in 40509 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Aug 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,731 |
| Oct 2025 | $1,795 |
| Nov 2025 | $1,775 |
| Dec 2025 | $1,849 |
| Jan 2026 | $1,780 |
| Feb 2026 | $1,834 |
| Mar 2026 | $1,795 |
| Apr 2026 | $1,825 |
| May 2026 | $1,700 |
| Jun 2026 | $1,693 |
| Jul 2026 | $1,750 |
| Aug 2026 | $1,747 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,371 | $1,400 | $1,849 | $2,600 | $1,713 |
| Townhomes | — | $1,295 | $1,551 | — | $1,425 |
| Apartments and Condos | $850 | $1,350 | — | — | $1,350 |
| Houses | — | $1,325 | $1,895 | $2,600 | $2,399 |
Frequently Asked Questions about Rentals in 40509
- What is the average rent of an apartment in 40509?The average rent of an apartment in 40509 is $1,431 per month. This is about 27% lower than the national average.
- When is the average rent cheapest in 40509?In the last year, the average rent in 40509 was lowest in Apr 2025 when it was $1,689 per month.
- When is the average rent most expensive in 40509?In the last year, the average rent in 40509 was highest in Aug 2025 when it was $1,950 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40509?The average rent of a 1 bedroom apartment in 40509 is $1,371 per month. That is about $622 more than the cost of a studio apartment.
- How many available rental listings are in 40509?There are 84 available rental listings in 40509.
- What are some cities near 40509?Some nearby cities include: Lexington, Winchester, Nicholasville, Paris, Richmond, North Middletown. These cities may have more rental options to explore.
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